{"schema_version":"secwatch.filing_event.v1","accession":"0000049826-22-000043","form_type":"8-K","ticker":"ITW","cik":"0000049826","company_name":"ILLINOIS TOOL WORKS INC","filed_at":"2022-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.872509+00:00","generated_at":"2026-06-24T06:08:07.094751+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ITW Q2 revenue $4.0B, organic +10%; GAAP EPS $2.37; maintains FY2022 guidance $9.00-$9.40 EPS","bullets":["Revenue of $4.0B, organic growth 10%; six of seven segments positive led by Food Equipment +25%, Welding +22%.","GAAP EPS $2.37 including $(0.15) from FX and higher restructuring; prior-year $2.45 included $0.35 tax benefit.","Operating margin 23.1%; adjusted 24.1% excluding MTS and restructuring; price/cost dilution moderated to (160) bps from (250) bps.","Operating cash flow $501M; free cash flow $420M (57% conversion). Maintains FY guidance: organic growth 7-10%, EPS $9.00-$9.40.","Tax rate 18.3% reported; effective 23.9% ex one-time benefit. On pace to repurchase $1.5B shares in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000049826-22-000043","json":"https://secwatch.observer/filing/0000049826-22-000043.json","markdown":"https://secwatch.observer/filing/0000049826-22-000043.md","text":"https://secwatch.observer/filing/0000049826-22-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49826/000004982622000043/0000049826-22-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49826/000004982622000043/itw-20220802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T06:08:07.094751+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}